Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
If I had more powder, I definitely will be buying to average down
Way Oversold
Buying opportunity at the bottom of the dip IMO
8 Month Chart Shows Bullish Cup and Handle
Today's dip likely was the bottom of the handle before the next leg up IMO
Went in Full Force on Today's Dip on No News
From What I Can See, The Company May be Selling Shares.
There should have been a reversal by now but I see lot of shares being unloaded in consistent manner.
Deluge of Shares on the Ask
This is not retail investors IMO
Check Out The Chart Classic 1 Year Cup and Handle
https://www.marketwatch.com/investing/stock/dsgt
https://www.investopedia.com/terms/c/cupandhandle.asp
They are taking pre-orders now.
Your point is mute.
“Eliminating these convertible notes represents a significant milestone for DSG Global as now for the first time in two years we are not encumbered by structured financing. Now that the share count is stabilized, we believe we will see a more appropriate valuation in the marketplace. Given our outlook for strong growth across multiple sales channel and the rapidly improving fundamentals of our business, we are now in a position where we will no longer need to fund the company though toxic convertible debt,” commented Bob Silzer, President and CEO DSG Global.
I DON'T DEAL WITH IFs DEAL WITH FACTS
This is simple material change report for entering into the electric vehicle industry. Any news announced related to electric vehicle business because its new for the company, they have to fill out material change report. Miscellaneous/trivial paperwork local to their province in Canada because they are based in BC.
https://www.investopedia.com/terms/c/cupandhandle.asp
Compare the 1 Year Chart and you will see a clear and classic Cup and Handle pattern. This stock is on a launch pad.
https://www.otcmarkets.com/stock/DSGT/security
Float: 51,238,154
OS: 99,030,021
SURREY, British Columbia, Jan 14, 2021 (GLOBE NEWSWIRE via COMTEX) -- SURREY, British Columbia, Jan. 14, 2021 (GLOBE NEWSWIRE) -- DSG Global, Inc. (OTCQB: DSGT) ("DSGT" or the "Company") and its subsidiary Imperium Motor Company ("Imperium") are pleased to give a corporate update and announce significant milestones.
Today the company will begin accepting pre-orders for the highly anticipated Skywell ET5 SUV, an electric vehicle exclusively marketed in North America by Imperium. The vehicle will initially be available in two levels, the LV2 High Level Package with an estimated 323 miles per charge and the LV0 Deluxe Level package with an estimated 251 miles per charge, using the NEDC (New European Driving Cycle) standard. Base MSRP pricing has been determined to be USD$39,940 for the ET5 LV2 and USD$29,990 for the LV0 model, both equipped especially for the US and North American markets. These prices are before the Federal Tax Credit program available for electric vehicles of USD$7,500 and any State or local incentives that may also be available in some markets. "These vehicles are very well equipped, have great range and are extremely well designed for the North American and world markets." said Rick Curtis, President of Imperium Motor Company. He further stated, "Once the vehicle has achieved NHTSA certification and FMVSS compliance it will become available to the market."
To pre-order and for more information, please visit https://www.imperiummotorcompany.com/reserve-your-et5/. Within a few weeks, those on the pre-order list will be required to make a deposit of USD $100, which is fully-refundable and limited to the first 100,000 orders to hold their position.
Rumble Motors' Rover electric bikes have been praised by users from all over the world and are currently being featured on HBO's hit show "Westworld". We are readying for the launch and delivery of these vehicles.
DSGT recently raised $1.5 million as orders continue to accelerate for electric vehicles and the Company pushes to bring its SUV, truck, buses, automobiles, and E-Bikes to market. Under the terms of the agreement, signed on December 23, 2020, GHS purchased 1,500 Series F Preferred shares, capable of being exchanged into 1,500,000 common shares in six months. GHS was also issued underlying warrants which could bring the potential value of the funding up to $3.0 Million. The company has the option to buy back any outstanding shares of the Series F Preferred for six months from the date of issuance.
"This is an especially important milestone for DSG Global. Not only was the deal finalized at a significant premium to market at the time of closing, but the company also now can fulfill its goals of hosting a virtual "Grand Opening" at the Experience Center later this year for dealers and the public, and begin processing orders and delivering vehicles," stated Bob Silzer, President and CEO of DSG Global, Inc. "The funding will also permit the company to increase inventory of many of its 20+ electric vehicle models. It will also allow the company to prepare for the launch of the SUV and other EVs. The investor-friendly terms will allow the company to grow rapidly during 2021 and hit its revenue and earnings targets. With many of our vehicles already being sold and many more coming to market in the next few months, we believe we are significantly ahead of most other EV companies at a time when the overall growth in the number of electric vehicles on the road is increasing by over 50% annually."
The company understands the need to improve all facets of its consumer facing information as it quickly establishes itself as a leader in the North American EV marketplace. There will be a gradual rollout over the next few weeks of an improved and enhanced website and social media presence. This will be a work in progress that likely will not be fully completed for approximately thirty days, but visitors should immediately begin to see a more robust and effective presentation of Imperium's products and operations.
The product roster is expanding and will include additional buses, high speed, and low speed EV's as well as an improved scooter and bike lineup.
With its partner, the company has applied for and awaits confirmation of a World Manufacturers Identifier ("WMI"), allowing the Company the ability to assemble and sell its electric vehicle products. Skywell can provide both CBU (or completely built units) and SKD (or semi-knockdown) models to be assembled in North America. Imperium can also perform "final assembly" locally. The company remains in negotiations with interested parties and expects municipal sales to rapidly escalate during the spring months. Final confirmation is anticipated shortly, and the company will communicate with shareholders once received.
"Each day we are making progress towards becoming a leader in the EV marketplace. We continue to receive additional vehicles and will have a full inventory of most of our current vehicles as we proceed through the year. We look forward to sharing our showroom, additional EV models and videos over the remainder of the month. We remain on track to meet or exceed our sales goals and expect to be delivering thousands of vehicles," stated Rick Curtis.
https://www.marketwatch.com/press-release/dsgt-completes-corporate-milestones-and-begins-accepting-orders-for-the-skywell-et5-suv-and-rumble-motors-rover-electric-bike---updated-2021-01-14?mod=mw_quote_news_seemore
Conference Call:
https://player.startmeeting.com/?view_mode=3&v=https://rs0001.freeconferencecall.com/storage/sgetSM/aHPiB/bxqN&locale=en&sig=d988866bb5d1283ac5fe91c70d8fd466&rand=37717530&client_app_id=sm_production&session_id=fd4671b49358e472b660a465359474a2&recording_id=10600381&pcs_id=722069&authorized=false#
Sources:
dsgtglobal.com
ir.dsgtglobal.com
imperiummotorcompany.com/
vantage-tag.com/
en.skywellev.com/
https://www.rumblemotors.com/products/rover
EVRUS
evrus.net/ev1.html
Chart Shows a Screaming Buy
I like the low Float and OS
The biggest problem with penny stocks is the bloated share structure and this stock has one of the lowest shares on OTC
Bullish Technicals
Monday should be dandy
Bullish Technicals 1 Year Chart Cup and Handle
ABIO Leaving the Train Station
All Aboard!!!
Bullish technicals
1. Closed at high end of the day
2. Little to no resistance up ahead
This stock has not moved for the past 3 years and only started climbing in November.
The longer the stock has not moved before the breakout, greater the move higher. Not too late to catch this train IMO.
Good news indeed but what happened to Cougar Express 8K?
Great to see another acquisition.
Keep it coming John!
Train is leaving the station
All Aboard!
https://t.co/2nSQ5JYfXx $CLWD @shrivastava read closer, I'm in at .0925 not .09
— Timothy Sykes (@timothysykes) January 15, 2021
Too many catalysts to hold this baby down
Can't wait for Tuesday
I typically read comments from this forum, Yahoo Conversation, Stocktwits, and Reddit. My two biggest holdings are CLWD and TLSS. Both should rebound on Tuesday after recent big runs.
GL!
I am reading from other sites that Tim Sykes has taken a position in CLWD around .09.
Three Reasons We Should See Nice Bounce on Tuesday
1. CEO Noy just bought 18.3M shares
2. Famed investor Tim Sykes is on board
3. Artificial Intelligence stocks are climbing
https://finance.yahoo.com/news/cloudcommerce-launch-artificial-intelligence-ai-080100903.html
We should see a bounce on Tuesday
CEO Noy just exercised warrants and bought 18.3M shares
https://sec.report/Document/0001065949-21-000018/
Nicely played. Congrats!
There doesn't appear to be a bottom
Bought at .101 thinking it was the bottom but there seems to be deluge of shares flooding the ask.
They wanted the stock to take a breather with a healthy pullback/profit taking.
IMO, they will accumulate (as they have been) for the next leg up.
From overbought to oversold in 1.5 hours
What is different from current runup vs. the previous runup to .27 is the strong base and the accumulation/sideways trading that I've been seeing consistently during latest runup.
For me, I'm holding as I expect the dust to settle and more positive catalysts to propel the stock price past the previous high.
Why TLSS Will Run Past Near Term Previous High
Today and tomorrow will be great buying opportunities
I'm actually glad to see some profit taking as it was going up too fast.
Little pause and some pullback is healthy for the longer term climb.
IMO this is heading past previous high of .27.
Why? Because:
1. Debt restructuring is complete
2. They will continue with new acquisitions as confirmed by latest Form D
3. They will likely be uplisted to OTCQB in the next 30 days
4. They are working towards uplisting to NASDAQ by October of this year as mentioned in 8K which means they will have to have their financials in order
5. I expect to see new contracts/customers to replace Amazon
6. If we get lucky, there may be news about extension or new contract with Amazon as well. I do expect more good news to be had in the upcoming months.
7. They have been very transparent with investors and investors have confidence in the management team